This is
G&G Associates
Tax, Financial & Veteran Consulting Services
e-Newsletter
IRS offers free March 28 webinar:
Understanding how to do a ‘Paycheck Checkup’
Hotep (Peace) G&G Readers,
The Internal Revenue Service will provide a free online, web-based
information session in two languages on Thursday, March 28, 2019, to
help people understand how to do a ‘
Paycheck Checkup.’
Doing a Paycheck Checkup means checking tax withholding using the
IRS Withholding Calculator and making any necessary adjustments to avoid having too little or too much tax withheld from paychecks.
The webinar is part of a continuing effort by the IRS to share
information with taxpayers and partners to help people review their tax
withholding, especially if they have already filed and noticed a
significant change to their tax refund or amount owed brought about by
the
Tax Cuts and Jobs Act
(TCJA) enacted in 2017. The TCJA lowered tax rates, increased standard
deductions, suspended personal exemptions, increased the Child Tax
Credit and limited or discontinued deductions.
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Internal Sponsorship:
G&G TAX PREPARATION SERVICES
G
& G Associates focuses on easing our client's minds on tax
compliance matters. With the ever changing and burdensome tax code,
overwhelming and confusing federal and state tax forms and increasing
IRS scrutiny over most tax items, taxpayers need to have at least this
one part of their lives made easier, less stressful and more profitable.
Our expert help includes our:
We
can service clients anywhere in the world and we look forward to
assisting you in getting your tax return prepared for the 2016 and
beyond tax season. (Referrals available upon request)
If
you are a returning client you'll get a 25% discount off your tax
preparation fees. If you are a new client you'll get $40 off our normal
fees. If you are active duty or retired military you'll get a 15%
discount. If you are a senior citizen (above 65) you'll get a 20%
discount.
At
G&G Associates, we GUARANTEE to beat "ANY" other tax professional’s
price. We take pride in not nickeling and diming our customers with
unnecessary charges & fees.
We are looking forward to doing business with you for the upcoming tax season. For more information about G&G Associates, visit our website at www.gngnassociates.net
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Sooner is better
The IRS urges all taxpayers to do a “Paycheck Checkup” now so that if
a withholding adjustment is needed, there is more time for withholding
to happen evenly during the rest of the year. Waiting means there are
less pay periods to withhold the necessary federal tax – so the change
in withholding from each remaining paycheck will be more.
Reviewing withholding is especially important if people did a
Paycheck Checkup in 2018 and adjusted their withholding during the
middle or late in the year. Another review early this year can help
make sure they’re having the right amount withheld for the rest of 2019.
The Withholding Calculator is an accurate, simple way for most
taxpayers to determine their correct withholding amount. The tool allows
taxpayers to enter their expected 2019 income, deductions, adjustments
and credits – including the Child Tax Credit.
Webinar helps diagnose who needs a ‘Paycheck Checkup’
The two 60-minute webinars, one in English and one in Spanish,
include a special Q&A session. The sessions cover the basics of
using the online IRS Withholding Calculator and detail the different
situations that may require taxpayers to adjust their withholding,
including those who:
- Had a large tax refund or tax bill for 2018 when they filed their tax return this year.
- Adjusted their tax withholding in the middle or later part of 2018.
- Had a major life change this year.
- Are a two-income family.
- Have two or more jobs at the same time or only work part of the year.
- Claim credits like the Child Tax Credit.
- Have dependents age 17 or older.
- Itemized deductions in the past.
- Have high income or a complex tax return.
- Have a large tax refund or tax bill for 2018.
Register to attend either language version of this webinar on March 28; the
Spanish webinar starts at 11 a.m. Eastern, and the
English webinar
begins at 2 p.m. Eastern. It is recommended attendees log in 10 minutes
prior to the start time. Closed captioning will be available. Find
previous archived webinars on
www.irsvideos.gov.
Here’s to Good Health, Wealth and Retirement!
Ankh Uja Snb (Life, Health & Strength)
Asar Maa Ra Gray
Tax & Financial Consultant
G&G Associates
757-271-6068 office
866-361-3872 toll free fax
www.gngassociates.net
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“Philosophers aren’t psychics … they are good historians. Knowing your history will allow you to interpret and understand the present … Knowing how to interpret the present, will allow you to predict the future.” Dr. Kaba Kamene
LEGAL NOTICE: This work is based on what I’ve learned as a financial researcher and analyst based SEC filings, current events, interviews, investment reports, corporate press releases and what I've learned as a financial consultant. It may contain errors and you should not base investment decisions solely on what you read here. It’s your money and your responsibility. Nothing herein should be considered personalized investment advice.
